/biz/ - Business & Finance

>>55650992
They're not allowed to do that until judge Zurg (yes that's her name) gives them the ok.
The settlement was denied, which temporarily blocks the conversion, they need to come to a new agreement before they can dilute again.
Adam Dumbfuck Aron is on Twitter right now begging his investors to let them dilute, because the company will not last another year if they cannot pay off their debts.

The BIGGEST question that really makes this risky isn't whether or not AMC dilutes, it's when.
IV is at 300%, it took 2 fucking months of legalese dragging before the decision was denied. You should be asking if it's going to take another month or two, because there's a fuckton of money to made the longer this drags out.